Early year salary rises pegged back in February, says C&M Recruitment

Early year salary rises pegged back in February, says C&M Recruitment

A promising start to the year for salaries for newly posted job in travel was pegged back in February, according to the latest monthly data from C&M Travel Recruitment.

A fall of 7.27% in salaries for roles posted last month almost exactly mirrored the rise seen in January taking wages back to December’s levels, according to C&M’s monthly barometer.

After rising by 7.91% in the first month of the year, wages dipped to £24,648 in February to stand £20 higher than at the end of 2017.

Salaries for standard travel jobs (those paying up to £40,000) fell by 6.83% last month to £22,796, but remain £991 above the figure recorded in December 2017 after rising by 12.21% in January.

Despite the overall decrease in salaries last month, there was still a 3.32% rise in wages for new travel jobs based in the north of the UK, with average pay reaching £22,963.

For the thirteenth time in the past 14 months, the number of travel jobs being created increased year-on-year, however there was a small reduction in the number of new candidates looking for jobs in travel.

Barbara Kolosinska, director at C&M Travel Recruitment and C&M Executive Recruitment, said:

“Salaries have got off to a volatile start so far this year but are still up marginally from December.

“But what’s probably more important is that vacancy numbers are at historically high levels and are continuing to rise – we haven’t seen more jobs being created in any February since at least 2011.

“Placement numbers are also up significantly with a 28% year-on-year rise, so while salaries have been unstable in the first two months of 2018, travel recruitment activity levels continue to be very healthy.”

C&M Recruitment will celebrate its 20th birthday tonight at a special event that will be held in London.

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